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Technology Stocks : IBM
IBM 290.26-2.4%3:58 PM EST

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To: Kevin Ose who wrote (5744)10/21/1999 12:48:00 PM
From: Augustus Gloop  Read Replies (1) of 8218
 
<<I also wish that the St. would see this for what it really is - a huge, extremely DIVERSE (!) company that is still making $20B + a quarter (!)>>

They will in time. Wall Street always goes to the extreme both ways. This will pan out to be a great opportunity to buy a quality company who, much like ATT, has taken some steps to ramp up growth rates in the future. Both stocks have the potential to be great growth stories in the future while still allowing investors to get some sleep at night. That is not to say there isn't risk but clearly earnings combined with lower multiples and quality companies is a recipe for success.

JHO

Keep the Faith
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